Most private woodland owners wish to keep their land in the family and intact into the future. Unfortunately, many of these woodlands will not remain in the family in the long run. We know that the biggest risk to a successful transfer of your woodland from one generation to the next is a lack of communication coupled with challenging family dynamics. Family lands can fail to make it to the next generation because the family cannot resolve differences or failed to address them during the lifetime of the owner(s). Most families resort to comfortable or arbitrary ways of decision-making and communication that are not sufficient to ensure that the land remains a vital family legacy. However, by starting the conversation now, holding family meetings, and establishing a system of governance, you can leave a long-term woodland legacy for the use and enjoyment of your family. Dr. Mary Sisock and Audrey Winograd, JD, MSW, experts on land legacy planning, will discuss the principles and processes of effective family meetings and governance. This presentation is for all woodland owners whether they are just starting to plan or are at any stage of the succession planning process. There will be time for Q&A. Sponsored by Kings Point Capital Management.
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